Just to see if the discrimination settlement with Accubanc led to its failure, I searched LexisNexis for information. In the Fall of 1999, Accubanc was purchased by National City Mortgage, a subsidiary of Cleveland's National City Corp.1 As of October 26, 2009, National City was still in business despite having some losses from the housing collapse.2
1Plain Dealer (Cleveland, Ohio)
October 8, 1999 Friday, FINAL / ALL
NATIONAL CITY MORTGAGE AGREES TO BUY DALLAS-BASED ACCUBANC MORTGAGE
BYLINE: By MARCUS GLEISSER; PLAIN DEALER REPORTER
SECTION: BUSINESS; Pg. 2C
LENGTH: 274 words
2National Mortgage News
October 26, 2009
Delinquency Rates at 6/30/09;
Based on Number of Loans Serviced
SECTION: Pg. 1 Vol. 34 No. 6
LENGTH: 179 words
Monday, October 26, 2009
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